WASHINGTON — A number of mortgage-related issues affecting credit unions are expected to have the attention of members of Congress this week.

The Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) is slated for a full House vote on the House minority whip's schedule for tomorrow. The Rules Committee is expected to set limits on amendments. CUNA Vice President of Legislative Affairs Ryan Donovan said Congressman Paul Kanjorski's (D-Pa.) Escrow, Appraisal and Mortgage Servicing Improvement Act (H.R. 3837), which has sometimes been paired with H.R. 3915, might be offered as an amendment.

Additionally, on Wednesday, a mark up could be scheduled in the House Judiciary Committee on H.R. 3609, Emergency Home Ownership and Mortgage Equity Protection Act of 2007. NAFCU has come out in opposition to the bill as written, which would allow bankruptcy judges to restructure mortgage terms in Chapter 13 proceedings, but is working with Congressman Brad Sherman (D-Calif.) on an amendment to exempt prime mortgages–defined as those within 3% of the Treasury rate–from that provision.